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Millennium Managers eyes Korea onshore business

Dr Insup Lee
As South Korea prepares for its first generation of onshore hedge funds, a number of global firms are understood to be preparing to apply for licences.
Millennium Managers eyes Korea onshore business

New York-based hedge fund manager Millennium Managers is likely to be the first foreign hedge fund to set up a Korean entity. Many foreign managers have been in contact with Korean authorities, but the $13.5 billion Millennium is the most serious, according to a report in the local Chosun Daily.

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